Two Autonomous Driving IPOs, and Alibaba Sheds a ‘New Retail’ Asset
Horizon Robotics and WeRide have raised more than $1 billion combined in their IPOs in Hong Kong and New York. And Alibaba looks to sell its RT-Mart hypermarket chain.
Sun Art pursues life after Alibaba in China’s evolving retail landscape
Alibaba is negotiating with a potential buyer for its majority stake in the operator of RT-Mart hypermarkets, Sun Art said Key Takeaways: DCP Capital and Hillhouse are among the private…
BRIEF: Sun Art returns to profits on stabilizing business, cost cuts
Sun Art Retail Group Ltd. (6808.HK), operator of the RT-Mart supermarket chain, said on Tuesday it returned to the black in the six months through September, crediting stabilizing store traffic…
A supermarket David defeats Goliath in small-town China, outracing the times
With only a dozen stores in the Central city of Xuchang, Pang Donglai has become a modern legend for standing up to a flood of hypermarkets and online grocers Key…
Recent Articles
RELATED ARTICLES
-
Horizon’s lead grows in smart driving race with new product rollouts
9660.HK - DeepRoute.ai gets $100 million charge from auto investor
-
Two IPOs: One in Autonomous Driving and One in Gold
PONY.US 2585.HK
-
iMotion Automotive rides DeepSeek fever to new fundraising
1274.HK
-
Alibaba’s breakup in tatters, could 2025 be the year of asset shedding?
9988.HK BABA.US
